Kerala cancels DLF project clearance.

DLF, the country's largest real estate entity, has put on hold the delivery of its DLF Riverside luxury project in Kochi, after the Kerala government cancelled its CRZ (coastal regulation zone) clearance, for alleged breaches.

DLF did not officially comment. Sources close to the development said the company was to give possession to the buyers in a few weeks but this would now be delayed by a few months, as the company would have to re-apply for CRZ clearance.

BS